More budget flexibility needed - Renzi

(ANSA) - Rome, May 26 - Premier Matteo Renzi said Thursday that he was not fully satisfied with the degree of flexibility in the application of the EU's budget rules that it has obtained from the European Commission. "In recent years Italian governments spend 40 billion euros in public investment, the half of 2007, so it's clear that Italian growth is not at 2%," he told a news conference at the G7 summit in Japan. "After elbowing in Europe on flexibility, we have managed to go from 40 billion in investment in the 2012-13 period to 58 in the 2014-15 one".